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Indian stock markets Sensex and Nifty plunged to multi-month lows. A sharp spike in crude oil prices and RBI
Indian markets tumble as Sensex drops 785 points and Nifty falls below 22,350 amid rising crude prices, RBI's hawkish stance, and rupee weakness. IT stocks like TCS, Infosys, and HCLTech defy the trend ahead of Q2 earnings.
The Sensex ended at 71,593.24, down 1,045.46 points or 1.44%. The index opened at 72,668.00 and touched an intraday low of 71,327.75. The Nifty 50 closed at 22,231.80, down 371.25 points or 1.64%.